Income-ready 11-bed HMO/guesthouse with large car park and sea views.
Grade II listed 11-bedroom property with 11 en-suite rooms
A rare investment opportunity on Scarborough’s popular Northside: an 11-bedroom, 11 en-suite Grade II listed terraced property currently licensed as an HMO and set up for guest-house use. The building is well presented, comes fully furnished, and includes a sizable car park with space for around 13 vehicles — a strong convenience for lettings or short-stay guests. Upper rooms offer some sea glimpses and the location sits close to the town centre and beach, supporting steady demand from visitors and students.
Achievable rental income is advertised at roughly £5,400–£7,000 per month when fully let, and the property may qualify for business rates relief. Gas central heating, double glazing and multiple en-suite rooms minimise immediate upgrade needs for continued operation as an HMO or guest house. The layout across lower ground, ground and three upper floors suits mixed use: long-term HMO residents, seasonal holiday bookings, or a blended portfolio model.
Buyers should note material constraints: Grade II listed status will restrict alterations and may complicate refurbishment, and commercial finance is required for purchase. The property sits in a very deprived, high-crime neighbourhood with a high proportion of transient and student residents; this affects tenant profile and management needs. Walls are solid brick with assumed no insulation, so energy-efficiency upgrades will be limited by listing constraints and may be costly.
This is an operational asset for an investor or operator who can secure commercial funding and who wants an income-producing coastal property with parking and immediate occupancy potential. Those seeking significant remodelling, conversion to alternative uses, or mortgage-based finance should confirm feasibility before viewing.
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